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2 years ago

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In a volatile housing market, the overall value of a home can be modeled by V(x) = 210x2 – 4400x + 125000, where V represents th

e value of the home and x represents each year after 2020. Find the vertex and interpret what the vertex of this function means in terms of the value of the home. Show the work you completed to determine the vertex.

1 answer:

Grace [21]2 years ago

7 0

Answer:

I think a picture can explain better than me!

Step-by-step explanation:

Have a good day.

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John, Sally, and Natalie would all like to save some money. John decides that it

brilliants [131]

Answer:

Part 1) John’s situation is modeled by a linear equation (see the explanation)

Part 2) $y=100x+300$

Part 3) $\$12,300$

Part 4) $\$2,700$

Part 5) Is a exponential growth function

Part 6) $A=6,000(1.07)^{t}$

Part 7) $\$11,802.91$

Part 8) $\$6,869.40$

Part 9) Is a exponential growth function

Part 10) $A=5,000(e)^{0.10t}$ or $A=5,000(1.1052)^{t}$

Part 11) $\$13,591.41$

Part 12) $\$6,107.01$

Part 13) Natalie has the most money after 10 years

Part 14) Sally has the most money after 2 years

Step-by-step explanation:

Part 1) What type of equation models John’s situation?

Let

y ----> the total money saved in a jar

x ---> the time in months

The linear equation in slope intercept form

y=mx+b

The slope is equal to

$m=\$100\ per\ month$

The y-intercept or initial value is

$b=\$300$

so

$y=100x+300$

therefore

John’s situation is modeled by a linear equation

Part 2) Write the model equation for John’s situation

see part 1)

Part 3) How much money will John have after 10 years?

Remember that

1 year is equal to 12 months

so

$10\ years=10(12)=120 months$

For x=120 months

substitute in the linear equation

$y=100(120)+300=\$12,300$

Part 4) How much money will John have after 2 years?

Remember that

1 year is equal to 12 months

so

$2\ years=2(12)=24\ months$

For x=24 months

substitute in the linear equation

$y=100(24)+300=\$2,700$

Part 5) What type of exponential model is Sally’s situation?

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

in this problem we have

$P=\$6,000\\ r=7\%=0.07\\n=1$

substitute in the formula above

$A=6,000(1+\frac{0.07}{1})^{1*t}\\ A=6,000(1.07)^{t}$

therefore

Is a exponential growth function

Part 6) Write the model equation for Sally’s situation

see the Part 5)

Part 7) How much money will Sally have after 10 years?

For t=10 years

substitute the value of t in the exponential growth function

$A=6,000(1.07)^{10}=\$11,802.91$

Part 8) How much money will Sally have after 2 years?

For t=2 years

substitute the value of t in the exponential growth function

$A=6,000(1.07)^{2}=\$6,869.40$

Part 9) What type of exponential model is Natalie’s situation?

we know that

The formula to calculate continuously compounded interest is equal to

$A=P(e)^{rt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

e is the mathematical constant number

we have

$P=\$5,000\\r=10\%=0.10$

substitute in the formula above

$A=5,000(e)^{0.10t}$

Applying property of exponents

$A=5,000(1.1052)^{t}$

therefore

Is a exponential growth function

Part 10) Write the model equation for Natalie’s situation

$A=5,000(e)^{0.10t}$ or $A=5,000(1.1052)^{t}$

see Part 9)

Part 11) How much money will Natalie have after 10 years?

For t=10 years

substitute

$A=5,000(e)^{0.10*10}=\$13,591.41$

Part 12) How much money will Natalie have after 2 years?

For t=2 years

substitute

$A=5,000(e)^{0.10*2}=\$6,107.01$

Part 13) Who will have the most money after 10 years?

Compare the final investment after 10 years of John, Sally, and Natalie

Natalie has the most money after 10 years

Part 14) Who will have the most money after 2 years?

Compare the final investment after 2 years of John, Sally, and Natalie

Sally has the most money after 2 years

3 0

3 years ago

Write an algebraic expression for the phrase. <br><br> the product of p and 9

Cerrena [4.2K]

Answer:

9p

Step-by-step explanation:

Product means multiplication

So 9*p equals 9p

:)

4 0

3 years ago

Write the equation of the line that passes through the points (4,-6) and (-2,3)

yarga [219]

Here is your answer and an explanation

Answer: y = -2/3x

Explanation:

This can be determined by calculating the gradient of the straight line, using:

m=ΔyΔx

=−6−34−(−2)

=−96

=−32

Then we use the slope-point form of the straight line:

y−y1=m(x−x1)

to give:

y−3=−32(x−(−2))

∴y−3=−32(x+2)

∴y−3=−32x−3

∴y=−32x

7 0

3 years ago

Credit card A offers an APR of 23.16%, compounded monthly, while credit card B offers an APR of 23.02%, compounded daily. All el

GREYUIT [131]

Daily interest rate it's the worst. And it's called simple interest loan

6 0

3 years ago

David made a class banner out of a large rectangular piece of paper. He cut a

Irina18 [472]

Answer:

100 in²

Step-by-step explanation:

The area of the banner is equal to the area of the initial rectangle minus the area of the cutout triangle.

The rectangle has a height of 8 inches and width of 14 inches, so its area is:

A = (8 in) (14 in) = 112 in²

The triangle has a base of 8 inches and a height of 3 inches, so its area is:

A = ½ (8 in) (3 in) = 12 in²

So the area of the banner is 112 in² − 12 in² = 100 in².

6 0

3 years ago